Mr. Speaker, this is an annual practice of the Workers' Compensation Board to hold a public information session to inform the public of the process used to set rates. I agree with the honourable Member that it may be seen as a frustrating exercise in that the rates have been announced and set. I think I could without holding out much hope that this can be amended, I could tell the House and the honourable Member that the setting of rates is always a provisional matter and that should circumstances change it may be possible to reconsider those rates. They are not completely set in concrete and we are awaiting the opinion of a second actuary which may shed some light on this situation, so there is possibly room for revision if some facts should come to light if no one was hither to aware of them. So it is not a complete fait accompli, Mr. Speaker, although I agree with the Member that on the eve of the new year, it is difficult to say there is a way around the present situation. Thank you.
Dennis Patterson on Question 53-12(3): Public Forum On W.C.B. 1993 Rates
In the Legislative Assembly on November 23rd, 1992. See this statement in context.
Return To Question 53-12(3): Public Forum On W.c.b. 1993 Rates
Question 53-12(3): Public Forum On W.C.B. 1993 Rates
Revert Back To Item 5: Oral Questions
November 22nd, 1992
Page 64
Dennis Patterson Iqaluit
See context to find out what was said next.